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Innovative data management, technology and business executive with proven expertise in implementing leading-edge technology-based solutions for operational advantage. Expert negotiator and cost saver optimizing people, processes and technology to deliver better/faster/less expensive results. Traditional and alternative data expert with deep understanding of use cases for alpha generation and risk management. Strategic insight of emerging market needs combined with an understanding of technology capabilities and how to profitably bring products and services to market. Experience in managing all phases of the product life cycle (PLC). Collaborative manager and cross-functional team leader raising the bar on individual performance to drive exceptional results.Career Distinctions:Led data management team for world's most successful hedge fund | Developed, Launched and Managed Numerous Leading-Edge Propositions | Spearheaded Acquisition |Led Divestiture | Streamlined Development and Operations | Drove Patent Filings |Received Numerous Product Awards | Co-Founded Investment Research Firm |Frequent Industry Moderator and Panelist | Widely Quoted Industry Expert |Highly Accomplished Sales Executive | Managed 110 Person Staff | Ran $80M+ P&L Former U.S. Government Security ClearanceSpecialties:Data Sourcing | Procurement | Negotiation | Vendor Management | Workflow design | FinTech | Innovation | Product Incubation | Product Management | Alternative Data | Analytic Solutions | Business Development | Sales | Strategy | Cross-Functional Team Leadership | Sentiment Analysis | Information Services | Analytics as a Service | Natural Language Processing | Low Latency | Event Detection | Social Media Monitoring | Text Analytics | Quantitative Analysis | Unstructured Data | Cybersecurity | Behavior Analytics | Quantitative and Event Driven Trading | Market Data | Investment Research | Data Visualization | Large / Complex Contract Negotiations | Third Party Distribution Partnerships
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Global Head, Market DataJain Global Llc Dec 2023 - PresentResponsible for overall vendor management supporting our investment and trading professionals. -
Cofounder And ChairmanArchedata Dec 2023 - PresentArchedata is a software and services company that brings together the people, processes, and technology to help optimize your data management function. Kairos, our best of breed content and workflow management solution, is designed to streamline sourcing, procurement, and vendor management functions allowing you to accelerate alpha and operate more efficiently. Kairos capabilities include a data catalog, request workflow, client/vendor relationship management, contract and DDQ management, feedback and renewal polling, cross-team collaboration, and BI/reporting. Learn more at archedata.io -
Cofounder And CeoArchedata Apr 2023 - Dec 2023Archedata is a software and services company that brings together the people, processes, and technology to help optimize your data management function. Kairos, our best of breed content and workflow management solution, is designed to streamline sourcing, procurement, and vendor management functions allowing you to accelerate alpha and operate more efficiently. Kairos capabilities include a data catalog, request workflow, client/vendor relationship management, contract and DDQ management, feedback and renewal polling, cross-team collaboration, and BI/reporting. Learn more at archedata.io -
Data Management ExecutiveNon-Compete Period Post Citadel Jan 2023 - Aug 2023
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Head Of Data ManagementCitadel Apr 2019 - Dec 2022Miami, Florida, UsResponsible for overall sourcing, procurement, and management of third-party data and research services supporting the firm’s investment and trading strategies across Citadel and Citadel Securities. Key Accomplishments· Architected and/or implemented various software solutions to drive best of breed data management including: o New inventory management system for full cost transparency and better contract management o Streamlined workflow for routing the information from requestor through sourcing and procurement, legal, compliance, requisite approvals and accounting to reduce the time from data discovery through onboarding and vendor payment o Centralized data catalog aggregating internal and third-party documented services including a data curation workbench to detect and resolve duplicate services o Systematic polling platform for data consumers to provide feedback and approvals during contract renewals as well as periodic inventory certifications, removing extensive email and other follow-up processes while providing a full audit trail o Command center aggregating all available information relevant to vendor negotiations including historical costs and subscribing teams, usage information, contract terms and conditions, user feedback, and service issues· Developed vendor playbook and training program to drive successful third party negotiations; results achieved significant cost savings for the firm as well as other notable improvements in key contract terms and conditions· Optimized use of Bloomberg feeds and terminals through detailed usage analysis and strong collaboration with COO teams and end-users· Drove systematic sourcing processes and collaboration across Data Management, Legal, and Compliance to reduce the data acquisition time by 40% and maintain level staffing in the face of significant volume growth · Collaborated with the central data science team (DSG) to evaluate vendor data -
Served Non-CompeteN/A Oct 2018 - Apr 2019Served non-compete period.
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Managing Director, Market DataSchonfeld Strategic Techworx Sep 2017 - Oct 2018Schonfeld Strategic Techworx, LLC is the technology and data delivery affiliate of Schonfeld Strategic Advisors LLC ("Schonfeld"). Schonfeld is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across quantitative, fundamental equity and tactical trading strategies.At Techworx, I was responsible for the market data services organization, including:• Management of vendor relationships and data feeds• Evaluation and procurement of traditional and alternative data sources• Development and operations of the Shared Research Environment, servicing the various portfolio management teams with a centralized data store and analytic infrastructure• Development of proprietary data feeds and analytics
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Managing Partner | ConsultantSemiotics, Llc Nov 2013 - Sep 2017Semiotics, LLC is a boutique consulting firm focused on developing businesses and products with a particular focus on information services. Significant project areas include:Business and Product Strategy - Analyzed private sector viability for firm’s capabilities which are primarily deployed for the DoD, including Activity Based Intelligence, Open Source Intelligence analysis, Wide Area Persistent Surveillance, Cyber Security, Signal Intelligence, Geospatial Intelligence, and Wide Area Motion Imagery.• Assessed company solutions to understand differentiators and unique selling points.• Analyzed market needs for company solutions. • Defined business/product requirements for prioritized market segments including Cyber Security, Open Source, Geospatial, and Signal Intelligence solutions.Information Technology and Security - Worked with a large hedge fund to develop an advanced IT and security program to address risks in physical, cyber, and insider threat domains. • Spearheaded pilot projects to identify insider threats utilizing Behavior Analytics solutions to detect data exfiltration, highly privileged access abuse, and anomalous network activity.• Developed and prioritized requirements for several projects including the firm’s end point protection and forensic analysis capabilities, a network access control implementation, and end user analytics.• Drove firm-wide department acceptance testing for new security capabilities. Information Design and Commercial Strategy - Worked with social media firm to develop conceptual architecture and go-to-market principles for implementing an information ontology system across industry-leading schema providers.
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Partner / Consultant, Banking, Financial Services & InsuranceAntuit Mar 2016 - Mar 2017Dallas, Texas, UsResponsible for the banking, financial services and insurance practice at Antuit, a big data analytics consulting firm backed by Goldman Sachs as the lead investor.• Develop value propositions for various offerings including multi-touch attribution, recommendation engines, customer genome development, real-time customer interventions, and customer / business value exchange• Analyze market needs for company solutions, including data science, big data infrastructure services, data engineering and business intelligence• Work with clients to define solution requirements and design a series of impact projects enabling the client to achieve specific and measurable business results in 6-10 weeks -
Global Head | Elektron AnalyticsThomson Reuters Sep 2011 - Nov 2013Toronto, On, CaHeld full P&L responsibility for the $80M+ Elektron Analytics product portfolio and managed the 110 person global cross-functional team of IT developers, product and project managers, and business development specialists. Also managed several IT contractor development teams (~40 additional staff) and a host of other matrix-reporting functions such as editorial and data entry, datacenter operations, marketing, and commercial policy, among others. Portfolio included a 2 petabyte Tick History data service, the Machine Readable News / Text Analytics product line, a high performance market data analytic engine, streaming & post trade compliance analytics, and a real-time data visualization partnership with Panopticon/Datawatch.• Drove strategy and development of the product suite to maximize revenue and market share for various segments.• Led the client interview process, requirements gathering, and market sizing exercise for the next generation analytic services proposition for real-time streaming, on-demand, and historical analysis of both structured and unstructured data (Analytics as a Service).• Grew quantitative and event-driven trading (QED) portfolio in excess of 30% YoY.• Streamlined the Elektron Analytics product line to support ~$14M in annual cost savings and focused resources on strategic priorities.• Company spokesperson on big data, text analytics, and social media use for trading and investment strategies.• Frequent panelist and moderator at industry events covering various financial services and big data topics.• Architected and implemented partnerships to enhance go-to-market strategy and drive revenue growth.• Recognized with multiple product awards spanning news and social media analysis. -
Global Head | Machine Readable NewsThomson Reuters Oct 2006 - Sep 2011Toronto, On, CaFull P&L accountability for the multi-award-winning Machine Readable News proposition including product strategy/development, marketing, and sales channel enablement. Offerings included Thomson Reuters News Analytics (TRNA), a product which analyzed news and social media to produce enhanced metadata such as sentiment, relevance, and novelty information; News Feed Direct, an ultra-low latency news and economic data feed; and Thomson Reuters News Archive, a near-twenty-year archive of Reuters and third-party news.• Drove the acquisition of the Intellectual Property and development team which powered Thomson Reuters News Analytics (TRNA), the market-leading real-time news and social media analysis tool for financial services.• Established and retained the market leading position of Thomson Reuters News Feed Direct by completely overhauling the infrastructure including communication lines, contribution terminals, and datacenter strategy which reduced end-to-end latency from ~250ms to sub-millisecond client delivery.• Spearheaded the definition of product requirements including solution design, news handling rules, metadata definitions, implementation guidelines, file structure, sales channel enablement and marketing programs.• Collaborated extensively with numerous company stakeholder groups including editorial, news technology, legal, sales, launch management, admin, and the customer help desk and support groups, among others, to bring best of breed solutions to market.• Coordinated research across internal staff, academics, consultants, and sell side analysts to understand and promote how the product line can add value to customers’ portfolio returns and processes.• Led press briefings and media interviews. Widely quoted across trade publications and mass market media including CNBC, NY Times, Financial Times, The Wall Street Journal and The Times of London. -
Co-Founder | Managing Partner | Chief Operating OfficerForesight Research Solutions Jan 2003 - Nov 2006Rochester, Mi, UsCo-founded an independent investment research firm servicing institutional money managers in the areas of energy, industrials, special situations, biotechnology, economic and foreign exchange research.• Managed overall operations, sales and marketing, including P&L (Profit and Loss).• Secured ~120 clients and serviced over 300 institutions with high quality, unbiased proprietary research, industry forums and conferences, as well as access to Foresight's analysts, the firm's expert network, and public company management.• Raised Angel and Friends and Family capital and managed shareholder communications across a wide group of investors and employees.• Interviewed and hired 19 financial professionals including 8 publishing analysts in New York, Chicago, and Sydney, as well as 3 institutional sales people.• Established trading partnerships with 6 broker-dealers to drive increased distribution and revenue.• Directed legal and compliance procedures and completed Foresight’s broker-dealer registration. Served as the initial Chief Compliance Officer and selected, outsourced and managed relationship with third party Financial and Operations Principal (FinOp). -
Client Manager | Corporate Sales To Fortune 500 ClientsIbm Jan 1997 - Dec 2002Armonk, New York, Ny, UsAccountable for corporate sales to Fortune 500 clients with a $50M+ annual revenue quota. Worked with clients to develop relationship, coverage, and marketing plans.• Designed solution development and support strategy, including hardware, software, services, and financing.• Negotiated multi-million dollar contract terms and conditions with clients.• Led Point of Sale (POS) Conversion Project for specialty retailer that upgraded infrastructure for 219 stores providing the firm with substantial cost savings and its customers with a better experience. Completed project on time and under budget with “above expectations” evaluation by client.• Worked with major Consumer Packaged Goods client on a transitional outsourcing contract which temporarily outsourced operations to IBM enabling the client to simplify overall IT operations. Project completed ahead of schedule and on-budget.• Recognized repeatedly for superior sales performance and customer satisfaction.
Rich Brown Skills
Rich Brown Education Details
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Nyu Stern School Of BusinessGeneral -
Penn State UniversityManagement & International Business
Frequently Asked Questions about Rich Brown
What company does Rich Brown work for?
Rich Brown works for Jain Global Llc
What is Rich Brown's role at the current company?
Rich Brown's current role is Data Management Executive.
What is Rich Brown's email address?
Rich Brown's email address is rb****@****aol.com
What is Rich Brown's direct phone number?
Rich Brown's direct phone number is +170852*****
What schools did Rich Brown attend?
Rich Brown attended Nyu Stern School Of Business, Penn State University.
What are some of Rich Brown's interests?
Rich Brown has interest in Metadata Analysis, Non Profit Fundraising, Unstructured Data And Text Analysis, New Business Development, Big Data, New Technologies, Data Fusion, Cybersecurity, Digital Photography, Social Media Analysis.
What skills is Rich Brown known for?
Rich Brown has skills like Strategy, Entrepreneurship, Business Development, Analytics, New Business Development, Financial Markets, Management, Equities, Text Analytics, Financial Services, Analysis, Business Analysis.
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